Principal Spectrum Tax-Advantaged Dividend Active ETF (NYSEARCA:PQDI – Get Free Report) was the target of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 2,665 shares, a decrease of 86.9% from the September 15th total of 20,297 shares. Based on an average trading volume of 12,465 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short.
Hedge Funds Weigh In On Principal Spectrum Tax-Advantaged Dividend Active ETF
A hedge fund recently raised its position in Principal Spectrum Tax-Advantaged Dividend Active ETF stock. Principal Securities Inc. lifted its stake in shares of Principal Spectrum Tax-Advantaged Dividend Active ETF (NYSEARCA:PQDI – Free Report) by 42.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 734,899 shares of the company’s stock after buying an additional 219,061 shares during the quarter. Principal Securities Inc. owned about 21.30% of Principal Spectrum Tax-Advantaged Dividend Active ETF worth $14,386,000 at the end of the most recent reporting period.
Principal Spectrum Tax-Advantaged Dividend Active ETF Price Performance
Shares of NYSEARCA PQDI traded up $0.02 during midday trading on Monday, hitting $18.63. 86,078 shares of the company’s stock were exchanged, compared to its average volume of 10,095. Principal Spectrum Tax-Advantaged Dividend Active ETF has a twelve month low of $18.48 and a twelve month high of $20.07. The firm’s fifty day simple moving average is $19.05 and its 200-day simple moving average is $19.27.
About Principal Spectrum Tax-Advantaged Dividend Active ETF
The Principal Spectrum Tax-Advantaged Dividend Active ETF (PQDI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively selects dividend-paying securities that have favorable federal tax treatment, including preferred and capital securities, from global issuers. PQDI was launched on Jun 17, 2020 and is managed by Principal.
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